65 Quotes by Alan Skrainka

So many Americans are consuming by using their home equity. If you can't afford a standard mortgage, you probably shouldn't be buying a home.

Maybe it's concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we're not done as far as interest rate hikes are concerned.

If the economy is growing, companies' earnings are growing and that moves the market.

What you have going on in this market is a flight to quality, which is the blue chips, as tech stocks are priced to perfection.

We may be entering a recession here. So if I owned a small business, I would pay very close attention to controlling costs and develop a contingency plan.

I think investors should take a step back and look at the big picture. I think the (Fed) is doing its job and investors should do theirs -- avoid those companies that do not have a track record of growth.

I think the market remains hypersensitive to these (economic) reports. You should stay focused on your long-term goals and not short-term economic reports, but the market continues to be dominated by fear, uncertainty and confusion.

I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you're still going to need food, medicine and electricity to survive.

I think all these reports taken together are going to paint an economy that is too hot. Labor costs are rising and that is beginning to lead to some signs of inflation.